Sarasin & Partners Llp Stake in Mastercard Incorporated (MA) Decreased as Shares Rose

April 17, 2018 - By Sonya McDaniel

Mastercard Incorporated (NYSE:MA) Corporate LogoDuring 2017 Q4 the big money sentiment increased to 0.91. That’s change of 0.02, from 2017Q3’s 0.89. 46 investors sold all, 492 reduced holdings as MA ratio improved. 356 increased stakes while 131 funds acquired stakes. Funds hold 764.78 million shares thus 1.94% less from 2017Q3’s 779.91 million shares. Connor Clark & Lunn Mgmt Ltd reported 315,645 shs. 1.37M are held by Harding Loevner Limited Partnership. Edmp has 1,600 shs for 0.22% of their capital. The Massachusetts-based East Coast Asset Mngmt Ltd Liability Corp has invested 8.19% in Mastercard Incorporated (NYSE:MA). Duncker Streett And, Missouri-based fund reported 46,776 shs. Dupont Capital Management reported 41,246 shs. Jaffetilchin Invest Prns Ltd Liability Corp invested in 0.3% or 5,932 shs. 43,411 were accumulated by Commonwealth Bankshares Of Aus. Ems Cap Ltd Partnership has 600,000 shs. Mu Invests reported 0.02% of its capital in Mastercard Incorporated (NYSE:MA). Huber Capital Management Ltd Liability holds 25,950 shs. Klingenstein Fields And Co Ltd has 20,338 shs. Andra Ap holds 0.28% or 82,261 shs. Menora Mivtachim Ltd invested 2.16% of its capital in Mastercard Incorporated (NYSE:MA). Pitcairn holds 9,444 shs or 0.14% of its capital.

MA registered $10.78 million net activity with 0 insider buys and 5 insider sales since January 2, 2018. On Monday, April 9 Fraccaro Michael sold $692,252 worth of Mastercard Incorporated (NYSE:MA) or 3,993 shs. On Monday, April 2 $866,104 worth of stock was sold by Haythornthwaite Richard. Murphy Timothy H had sold 30,628 shs worth $5.53 million on Monday, March 19. 17,167 shs were sold by McLaughlin Edward Grunde, worth $2.61M.

Sarasin & Partners Llp decreased its stake by 2.99% in Mastercard Incorporated (MA), according to 2017Q4 SEC form. 42,960 shares were sold by Sarasin & Partners Llp as the company’s stock rose 14.37% while stock markets declined. At the end of 2017Q4, the 1.40 million shares of the business services company held by the institutional investor were valued at $211.33M, down from 1.44 million at the end of the previous reported quarter. Mastercard Incorporated has $185.97 billion market cap. On during the last trading session the stock increased $3.01 or 1.73%, reaching $176.88.Mastercard Incorporated has volume of 988,509 shares. Since April 17, 2017 MA has risen 54.12% and is uptrending. The stock outperformed the S&P500 by 42.57%.

Sarasin & Partners Llp manages about $17.00B and $5.15B US Long portfolio. According to a filing the fund upped its stake in Crown Castle Intl Corp New (NYSE:CCI) by 148,948 shares to 541,827 shares, valued at $60.15M in 2017Q4. For a total of 880,851 shares it increased its holding in Air Prods & Chems Inc (NYSE:APD) by 24,554 shares in the quarter, and has risen its stake in First Rep Bk San Francisco C (NYSE:FRC).

Analysts await Mastercard Incorporated (NYSE:MA) to report earnings on May, 1. They expect $1.25 EPS, up 23.76 % or $0.24 from last year’s $1.01 per share. MA’s profit will be $1.31 billion for 35.38 P/E if the $1.25 EPS becomes a reality. After $1.14 actual EPS reported by Mastercard Incorporated for the previous quarter, Wall Street now forecasts 9.65 % EPS growth.

Mastercard Incorporated (NYSE:MA) Ratings Coverage

Total analysts of 27 have positions in Mastercard (NYSE:MA) as follows: 26 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 96%. Since October 18, 2017 according to StockzIntelligence Inc Mastercard has 49 analyst reports. On Thursday, December 21 the rating was maintained by Keefe Bruyette & Woods with “Buy”. On Thursday, February 1 the rating was maintained by Stephens with “Buy”. In Friday, February 2 report Argus Research upgraded it to “Buy” rating and $200.0 target. On Monday, October 30 Bernstein maintained Mastercard Incorporated (NYSE:MA) with “Buy” rating. In Thursday, February 1 report Susquehanna maintained it with “Buy” rating and $200.0 target. On Thursday, February 1 the firm has “Buy” rating given by Piper Jaffray. On Tuesday, January 9 the firm has “Buy” rating given by Wells Fargo. The stock rating was upgraded by Mizuho to “Buy” on Thursday, January 4. On Thursday, February 1 RBC Capital Markets maintained Mastercard Incorporated (NYSE:MA) with “Buy” rating. In Thursday, February 1 report Credit Suisse upgraded it to “Buy” rating and $200.0 target.

Mastercard Incorporated (NYSE:MA) Institutional Investors Chart

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